Equinox Gold (EQX) Gross Margin (2019 - 2024)

Equinox Gold (EQX) recorded quarterly Gross Margin of 172.59% in Q4 2024, down 2886.49% quarter-over-quarter from 6.19% in Q1 2023.

Equinox Gold (EQX) Gross Margin (2019 - 2024) Analysis & Trends

Equinox Gold's Gross Margin history runs 6 years deep, the most recent figure standing at 172.59% for Q4 2024.

  • In Q4 2024, Gross Margin changed N/A year-over-year to 172.59%; the TTM figure through Dec 2024 stood at 59.34% (changed N/A YoY), while the FY2025 annual figure was 35.38%, up 1280.0% from the prior year.
  • Gross Margin was 172.59% for Q4 2024 at Equinox Gold, down from 6.19% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 38.04% in Q4 2020 to a low of 172.59% in Q4 2024.
  • Historically, Gross Margin has averaged 3.79% across 5 years, with a median of 20.15% in 2021.
  • The sharpest annual moves came in 2020 and 2022: Gross Margin soared 973 bps in 2020, then sank 1953 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 38.04% in 2020, then tumbled by 38 bps to 23.47% in 2021, then fell by 28 bps to 16.79% in 2022, then slumped by 63 bps to 6.19% in 2023, then sank by 2886 bps to 172.59% in 2024.
  • The last three Gross Margin figures came in at 172.59% (Q4 2024), 6.19% (Q1 2023), and 16.79% (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 59.77%
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 77.58%
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 74.11%
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 59.87%
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 99.74%
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 60.04%
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 54.68%

Historic Data

Download Data
DateValue
Dec 31, 2024 -172.59%
Mar 31, 2023 6.19%
Dec 31, 2022 16.79%
Sep 30, 2022 3.94%
Mar 31, 2022 10.08%
Sep 30, 2021 23.47%
Jun 30, 2021 20.15%
Dec 31, 2020 38.04%
Sep 30, 2020 36.28%
Jun 30, 2020 31.20%
Mar 31, 2020 28.15%
Dec 31, 2019 32.35%
Sep 30, 2019 33.51%
Jun 30, 2019 21.47%
Mar 31, 2019 19.77%